All Cards
rupayclassiccredit
Federal Bank RuPay Signet Credit Card
Federal Bank
shoppingonline
Annual Fee
FREE
Joining Fee
Nil
Base Reward
1% points
Foreign Markup
3.5%
Interest Rate
0.69% per month (8.28% Annually)
Welcome Benefits
Amazon Pay Vouchers Worth ₹200
Product Highlights
- Lifetime free credit card
- Amazon e-voucher worth ₹200 as a welcome gift
- Up to 3 Reward Points on everyday spending
- Buy 1 Get 1 Free offer on movie tickets
- Complimentary domestic lounge access
Rewards
Earn 3 Reward Points on every spend of ₹200 on Electronics and Apparel, 2 Reward Points on every spend of ₹200 on Entertainment Categories, and 1 Reward Point on every spend of ₹200 on Other Categories.
Redemption
1 Reward Point = ₹0.25 & When Redeeming Against Statement – 1 RP = ₹0.10
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 3%(3 Reward Points on Electronics and Apparel) | No cap |
entertainment | 2%(2 Reward Points on Entertainment Categories) | No cap |
other | 1%(1 Reward Point on Other Categories) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| Amazon | 3 Reward Points on every ₹200 spent | online |
Benefits & Features
Domestic: 4 complimentary visits annually (Limited to one every calendar quarter) Complimentary domestic lounge access with four visits per year.
Fees & Charges
Annual FeeFREE
Joining FeeNil
Foreign Markup3.5%
Interest Rate0.69% per month (8.28% Annually)
Cash Advance2.5% of the Amount or a Minimum of ₹500, Whichever is Higher
Redemption Fee₹99 On Every Redemption Request
Eligibility
Available Networks
rupayvisa
Pros & Cons
Pros
- Currently being offered as a lifetime free credit card
- Available on Visa as well as RuPay networks
- Users can link the RuPay variant of the credit card to UPI
Cons
- There is no complimentary international airport lounge access with the card
- The card does not offer any lifestyle perks other than BOGO movie offers
- The card does not have an extraordinary reward rate, there are better reward rates with other lifetime free credit cards.
Additional Info
Maximum benefit through the fuel surcharge waiver is capped at ₹150 per month.
Excluded Categories
fuelrent
Partner Merchants
Amazon